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Notable Mergers and Acquisitions of the Day 01/29: ORN, ATML
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- Orion Marine Group, Inc. (NYSE: ORN) today announced it has acquired Texas-based T.W. LaQuay Dredging, LLC for $60 million in cash. The Company will fund the acquisition through proceeds raised through its recent follow on offering.
T.W. LaQuay Dredging is a specialty dredging services provider that focuses on near shore dredging projects primarily along the Texas coast utilizing hydraulic cutter suction pipeline dredging. Formed in 2000, T.W. LaQuay Dredging has quickly built a solid reputation in the Texas dredging market by providing quality services on projects such as the dredging of the Gulf Intracoastal Waterway, ports, and inlets, as well as
- Orion Marine Group, Inc. (NYSE: ORN) today announced it has acquired Texas-based T.W. LaQuay Dredging, LLC for $60 million in cash. The Company will fund the acquisition through proceeds raised through its recent follow on offering.
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